Mumbai, March 11 -- The scrip was listed at 108, a premium of 20% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 108 and a low of Rs 102.60. About 26,000 shares of the company changed hands at the counter.

NAPS Global India's IPO was subscribed 1.17 times. The issue opened for bidding on 4 March 2025 and it closed on 6 March 2025. The price band of the IPO was set at Rs 90 per share.

The IPO comprised fresh issue of 13,20,000 equity shares. The promoter and promoter group shareholding diluted to 70.20% from 100% pre-issue.

The company intends to utilize the net proceeds to meet working capital requirements and for general ...